We do not drain our hot tub after every guest, but we do test and adjust the chemicals, vacuum it (sand) and skim the top if needed after every guest. 

@Bruce Woodruff, I should have clarified that some of the houses we are looking are in San Diego county, on the North coastal area, or smaller one in PB, so price wise would be lower $1 mil.

We have an 11-unit apartment building (five 1br/1ba, six 2br/1ba) and want to do a cosmetic rehab (new kitchen, bathroom, paint, sanding, and staining hardwood floors, excluding repairs on MEPs).

In markets like Indianapolis, you can find new construction duplexes with solid rental returns at a much lower price point, often in the $400k range or lower, with better cash flow than many coastal markets.I work with Neu Real Estate Group, and we specialize in new construction duplexes for investors, specifically designed to maximize rental income.

Its a central point between Atlanta and Knoxville, Atlanta and Nashville, Within a 5-7 hr drive to a handful of coastal beaches, and a great place to open a place of residency for someone. 

Exactly why coastal investors go to the Midwest.

We’re one ofthe few property managers that require W-2’s and a bank statement and we go way beyond the traditional, “income must =3x rent” qualifier.Below is more information about what our Applications Department does to screen applicants and find the best tenantspossible for your property.Required InfoWe require the following from each applicant over the age of 18, that is not a dependent of anotherapplicant (as evidenced on a tax return):Copy of acceptable state picture IDRecent YTD paystubRecent W-2Recent Bank Statement, all pages, no info blacked outRecent tax return if self-employedApplicants are often slow about turning this information in, asking us why we need it and then takingseveral days to submit.

Exploring options outside the major coastal metros could be a smart move.

Hi @Andrew S. , and welcome to BP in the Bay!

@Kevin S. and FR W, since you both are hiding behind no photo and limited information and think you are being bullied, let's meet up online on a recorded Zoom that I will then add to this forum.